There is no subrogation in life insurance.

Name: There is no subrogation in life insurance.
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Question

Quizplus · Accepted Answer

Subrogation is a legal concept in which an insurance company takes over the right to pursue a claim or legal action from the policyholder after paying out a claim. However, this concept does not apply to life insurance as there is no third party involved in the policy. In life insurance, the policyholder designates a beneficiary who will receive the death benefit in the event of the policyholder's death.

There Is No Subrogation in Life Insurance